90% of the expenditure of entire duration of the professional courses subject to maximum loan limit of up to Rs. 1.875 lakh/ per beneficiary per annum (for studying in India) and up to Rs. 3.75 lakh/ per beneficiary per annum (for studying abroad) shall be provided considering average duration of the course as four years. Balance 10% will have to be borne by the students.
Education Loan for Higher Studies
Various Education Loan Schemes of State and Central Govt. for the Students aspiring Higher Study.
Students whose name appeared in the List below are requested to attend the Education Loan for Minority Students Counselling 2013-14 as per the date and time mentioned in the same list below.
WBMDFC invites online applications for education loan for the year 2013-14 from students belonging to Minority Communities who are pursuing Technical/ Professional courses at Under Graduate/ Post Graduate level or short term courses under recognized Institutes of West Bengal and other states of India.
The members of Jain Community in West Bengal are eligible for getting benefits under the Schemes of Government of West Bengal only, implemented by the WBMDFC.
As only CTS 2010 cheques will be accepted by banks with effect from 01.04.2013 as per notification of Reserve Bank of India, all loanees are required to submit fresh PDCs (CTS 2010) within 15.04.2013 positively.